Campbell's Co (NYSE: CPB) trust reports 13.2M-share ownership stake
Rhea-AI Filing Summary
CAMPBELL'S Co investor update: Catherine D. Malone, as trustee of the Mary Alice Dorrance Malone Revocable Trust, reports beneficial ownership of 13,218,457 shares of Campbell's Co common stock, representing 4.43% of the outstanding class as of the filing date.
The trust has sole voting and sole dispositive power over all 13,218,457 shares. It also holds an indirect pecuniary interest in a portion of 18,426,809 shares held by Contango, LP and a portion of 4,271,414 shares held by Quizhou, LP, but has no voting or dispositive power over those entities and disclaims beneficial ownership except to the extent of its pecuniary interest. The filer certifies the shares are not held for the purpose of changing or influencing control of Campbell's Co.
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FAQ
Who is the reporting person in the CPB Schedule 13G/A filing?
The reporting person is Catherine D. Malone, acting as Trustee of the Mary Alice Dorrance Malone Revocable Trust, which is organized in Florida.
How many Campbell's Co (CPB) shares does the trust beneficially own?
The trust reports beneficial ownership of 13,218,457 shares of Campbell's Co common stock.
What percentage of Campbell's Co does the reporting person own?
The filing states that the 13,218,457 shares represent 4.43% of the outstanding common stock of Campbell's Co.
What voting and dispositive powers does the trust have over CPB shares?
The trust has sole voting power and sole dispositive power over all 13,218,457 shares, with no shared voting or dispositive power.
Does the trust have any indirect interests in additional Campbell's Co shares?
Yes. The trust holds an indirect pecuniary interest in a portion of the 18,426,809 shares held by Contango, LP and a portion of the 4,271,414 shares held by Quizhou, LP, but has no voting or dispositive power over these entities and disclaims beneficial ownership except to the extent of its pecuniary interest.
Is the CPB stake held with the intent to influence control of the company?
No. The filer certifies that the securities were not acquired and are not held for the purpose or effect of changing or influencing the control of Campbell's Co, other than activities solely in connection with a nomination under Rule 14a-11.